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BPI coal loan exposure drastically falls over three years

The Bank of the Philippines Islands (BPI), which counts itself a strong supporter of sustainable financing, has brought down its exposure to coal loans from a high 45 percent of portfolio in 2020 to only 29 percent thus far this year.

BSP keeps policy rates unchanged for third time in series

The policy-making Monetary Board of the Bangko Sentral ng Pilipinas on Thursday kept the policy rate intact at 6.25 percent for a third time in a series.

PAVI proposes adding 7 more stations to ongoing LRT-1 extension project

Villar-led Prime Asset Ventures Inc. (PAVI) is proposing to extend the Light Rail Transit-1 extension program by seven additional stations going all the way to Silang, Cavite.

Personal remittances up 3 percent to $17.6 billion in the first half

Money sent home by overseas Filipinos (OFs) increased by 2.2 percent to $3.13 billion in June from only $3.06 billion in the same month last year, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

GCG reviewing government pay schedules under possible new round of adjustments

The government is planning a new round of adjustments in the salary of government workers and has already tasked the Governance Commission for GOCCs...

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Negros Power compliant with allowable system losses cap, ERC clarifies

The Energy Regulatory Commission (ERC) on Monday (24 August 2026) clarified that Negros Electric and Power Corp. (NEPC) was operating well within its allowable system losses cap after being wrongly identified as noncompliant with the cap for private distribution utilities (DUs).

Agri damage from enhanced habagat, 3 cyclones hits P1.91B

Agriculture sector damage from the enhanced southwest monsoon and Tropical Cyclones Luis, Maymay and Neneng has risen to P1.91 billion, per the Department of Agriculture (DA) 12 noon advisory. This is up from the P1.79 billion reported August 22.

A Brown expands water business with subsidiary 

A Brown Co. Inc. is expanding its water business after securing authority to subscribe to an additional 20 million common shares in its subsidiary, AB Bulk Water Company Inc., as the group prepares to consolidate its water assets and pursue new projects.

SEC advances to next reform phase to ease startups, boost capital market access and liquidity

The Securities and Exchange Commission (SEC) on Monday unveiled the next phase of its reform agenda, introducing targeted measures to cut red tape, speed up business formation, lower costs, and strengthen liquidity and competitiveness across the Philippine capital market. The announcement comes as SEC chairman Francis E. Lim marks his first year in office.

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